Ozone Chain and SolidProof have entered into a strategic partnership. Their goal is to provide developers with a secure solution for building new quantum-resistant smart contracts. Since 2020, there has been an increased urgency in the Web3 industry to create secure solutions, as evidenced by the growing number of “harvest now, decrypt later” threats that have evolved from theoretical concerns to imminent technical realities.
Increasing trust in the ozone chain ecosystem
SolidProof’s social media accounts announced the decision to conduct an audit of Ozone Chain. Ozone Chain Project and a leading accounting firm have signed an agreement that marks a dynamic business union. The deal demonstrates the forward-looking side of blockchain technology, with the project preparing for existential challenges posed by future quantum computing systems. Ozone Chain is the first blockchain designed to be quantum-resistant using lattice-based cryptography. This approach is designed to protect against decoded threats, including from future quantum computers.
The Ozone Chain audit by SolidProof provides the thorough examination needed to strengthen trust in Ozone Chain as it integrates into the ecosystem. This is important for Ozone Chain as it provides validation at a time when many investors are concerned about the increasing number of rug pulls and smart contract issues. Having SolidProof’s reputable auditors also increases the credibility of Ozone Chain’s technical marketability.
The role of SolidProof in Web3 infrastructure
SolidProof has built a strong reputation for a comprehensive security perspective. This is often related to smart contract audits, know-your-customer (KYC) verification procedures for project founders, and ongoing real-time monitoring. They live by the adage “build safely, scale smart” and are aligned with the industry’s move towards long-term sustainability rather than short-term hype.
Security audits are now considered mandatory for projects that comply with industry standards and wish to be listed on an exchange platform, or whose assets wish to be included as part of an institutional investor’s portfolio. SolidProof’s approach is to perform both automated scanning and manual code inspection to help uncover logical flaws that may not be detected by automated scanning alone. Utilizing both approaches is important for Ozone Chain due to the complexity of the underlying cryptographic primitives upon which Ozone Chain operates.
The growing importance of cooperative security
This partnership is indicative of the larger trend we are seeing within Web3 towards an integrated security ecosystem. No blockchain exists in isolation. The interconnected nature of DeFi means vulnerabilities in a single protocol can cause a snowball effect across protocols. Additionally, Ozone partners with infrastructure-centric auditing organizations to help build more resilient Web3 infrastructure.
Additionally, a clear trend is emerging as more projects develop unique ways to proactively protect infrastructure from cyber-attacks. Many of these services share similarities in how they are designed and implemented.
Apart from the Chainalysis report, total hacking losses decreased in certain areas last year. Moreover, the number of sophisticated and advanced attacks has increased significantly as every project wants to gain mass adoption with its unique features. Companies like SolidProof provide all the services needed to help these projects achieve this goal.
conclusion
SolidProof and Ozone Chain have teamed up in a collaborative effort that shows how the blockchain industry is maturing. The SolidProof team will support the expansion of Ozone Chain’s quantum-proof network, with a focus on security as the driver of innovation. Therefore, for the Web3 community, this type of partnership provides peace of mind as we continue to explore cutting-edge developments in distributed technology. It also provides a secure foundation on which to build what many are thinking about their financial future.
